US EditionCredit ratings agency downgrades Travelers Canada and Dominion
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Credit ratings agency downgrades Travelers Canada and Dominion
Photo by iStock/Syuzanna Guseynova Global credit ratings agency A.M. Best has downgraded credit ratings for The Dominion of Canada General Insurance Company (Dominion) and Travelers Insurance Company of Canada (TICC) following a sale to Definity Financial Corporation announced last week. In a statement, A.M. Best says it downgraded Dominion’s financial strength rating to A- (Excellent) from A (Excellent) and the firm’s long-term issuer credit ra…
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